Everything you need to know about EXTERNALITIES- Micro Unit 6

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Jacob Clifford

Jacob Clifford

Күн бұрын

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@thefub101
@thefub101 Жыл бұрын
Dude, I’m 46 and just finished my last unit for my degree in business, you made econ the most fun of all 24 units!!! Thanks Mr. Clifford
@laxyakumar9440
@laxyakumar9440 Жыл бұрын
word brother chase that bag
@natsu_7046
@natsu_7046 6 ай бұрын
One year later, are you working in econ/finance now?
@zivaisinemani294
@zivaisinemani294 8 ай бұрын
This man is saving my ECON GRADE
@jasbirvij7364
@jasbirvij7364 3 ай бұрын
Mr.Clfford iam 67years lady with masters in economics but i just keep on watching your eco.videos .God bless you as so many students are getting right knowledge of subject.
@padmakshkhandelwal1832
@padmakshkhandelwal1832 Жыл бұрын
Thank you Mr Clifford, I just took a mock yesterday with this concept at work and I had ended up with a negative production graph instead of negative consumption one. I am studying for the AP solely through the Ultimate Review Packet and your videos. It's simply amazing that I can get 5 in the mocks with ease, the content is so efficiently and effectively put together. Thank you for this.
@parkerbrennan5161
@parkerbrennan5161 14 күн бұрын
I'm a freshman and my econ 200 final exam is today. I couldn't understand externalities until I saw this video. Your'e a life saver.
@heatherleon3331
@heatherleon3331 Жыл бұрын
Once again your ability to explain key concepts in an easy-to-understand -but-still-economically-sound-way is so helpful for my teaching!!
@royg2317
@royg2317 Жыл бұрын
It makes Unit 6 even cleaer! Thanks Mr. Clifford!
@JacobAClifford
@JacobAClifford Жыл бұрын
I'm glad I could help
@falonneelimo6398
@falonneelimo6398 5 ай бұрын
I've been going over my teachers' lectures for weeks and it only took me 6 minutes to understand this!...you're a godsend! I now have hope of keeping my GPA!!!!
@eshakhan839
@eshakhan839 9 ай бұрын
I always got stuck on these graphs. This just made it super easy THANK YOU SO MUCH
@sagar9137
@sagar9137 Жыл бұрын
Thank you man. Just wrote my exam. Because of you, I was able to perform well❤️
@w00nhakie
@w00nhakie Жыл бұрын
my teacher had been explaining this to me for a week and i never got his words but dude thanks a lot life saviour fr
@lauramariavanessa
@lauramariavanessa 7 ай бұрын
Greeeat video, thank you so so much! I came here fearing the worse because I'm not really into Economics but had to attend it for my master's. I'm leaving super happy that I really understood the logic behind the graphs!
@amoghpandey6842
@amoghpandey6842 7 ай бұрын
My friend rocked the FRQ section because of this video. You are GOAT Clifford!
@jasbirvij7364
@jasbirvij7364 3 ай бұрын
Wonderful teacher who explains the concepts in depth.
@GraceIlitongo
@GraceIlitongo Жыл бұрын
Economic was very hard for me after I start following your tips it has become easier thank you so much Mr Clifford
@s.sadka4
@s.sadka4 11 ай бұрын
first person I've seen to explain this properly
@DreamStudio.0
@DreamStudio.0 Жыл бұрын
My final is next Fri and I am finding this very helpful thank you.
@RedFeather11
@RedFeather11 Жыл бұрын
Thanks a lot Sir. I love Economics thanks to you and amazing teachers like you. 💐💐
@mimianalystmind6014
@mimianalystmind6014 6 ай бұрын
For those who don't know. Here is the definition of externality: is a cost or benefit of an economic activity experienced by an unrelated third party. The external cost or benefit is not reflected in the final cost or benefit of the good or service. The economist views it as inefficient for the market, and the issue is serious enough to lead it to failure. The impact of the externality can be positive (production and consumption) or negative (production and consumption).
@DorcasOkese
@DorcasOkese Ай бұрын
Thank you for this definition!
@ClumpypooCP
@ClumpypooCP Жыл бұрын
Mr. Clifford I love the econ in real life videos. Please do more!
@e5theror
@e5theror Ай бұрын
Thanks Mr Clifford for the great video! At school, we learnt about "marginal cost", does marginal cost refer to "marginal social cost", "marginal private cost" or "marginal external cost"? Thank you!
@cocodee7863
@cocodee7863 5 ай бұрын
This right here? 😢😢😢 You are awesome
@fierybl4de400
@fierybl4de400 Жыл бұрын
GOAT econs teacher
@iliketacos6067
@iliketacos6067 10 ай бұрын
Thank You Greatly
@joesr31
@joesr31 29 күн бұрын
I remembered you had a negative externalities song about a fish named finn, I used to listen to it on repeat before my second exam, can't seem to find it now though
@musashahzad563
@musashahzad563 Жыл бұрын
love you great video
@abdullahassamialnoor2779
@abdullahassamialnoor2779 Жыл бұрын
thank you Mr. Clifford. You're the reason im not hopefully not failing micro
@sarahelias2806
@sarahelias2806 2 ай бұрын
Thank you so much!
@gauraansharora
@gauraansharora Жыл бұрын
Hello Mr.Clifford! Are the new study guides for micro now on the ultimate review pack?
@manzurekhoda7013
@manzurekhoda7013 Жыл бұрын
Very helpful video
@aaravjagtiani2899
@aaravjagtiani2899 Жыл бұрын
MY GOAT
@malikaashetova797
@malikaashetova797 Жыл бұрын
god bless you
@drwhat-dm6kr
@drwhat-dm6kr Жыл бұрын
Thanks mr.clifford❤
@mayela6513
@mayela6513 Жыл бұрын
you're literally the best!
@M_Sefat
@M_Sefat Жыл бұрын
Man youre amazing.
@miraclekdtrdh6568
@miraclekdtrdh6568 Жыл бұрын
thank you Mr Clifford!!!
@yangpatrick364
@yangpatrick364 Жыл бұрын
great video!
@divakapoor5164
@divakapoor5164 Жыл бұрын
thank you for this video!!
@matuidiemmanuella5157
@matuidiemmanuella5157 7 ай бұрын
God bless you
@hol461
@hol461 Жыл бұрын
great lecture thanks !
@antisocialbarbie1587
@antisocialbarbie1587 Жыл бұрын
Thank you got my Alevels soon can you please do a video on supply side and demand side policies for macro 😢 asap
@sportschannel9892
@sportschannel9892 Жыл бұрын
Hey Mr Clifford How have you been? I hope all is well.
@parkmilan4453
@parkmilan4453 Ай бұрын
You just saved me
@ruoyuxu6918
@ruoyuxu6918 10 ай бұрын
I love you:)
@arisdyln
@arisdyln Ай бұрын
5:14 cigarettes should be cheaper?
@LawrenceMackey
@LawrenceMackey 19 күн бұрын
Legend says that milk is still on his shelf
@JadaKelly-m3r
@JadaKelly-m3r 9 ай бұрын
What is the meaning of the externalities??
@КонстантинКругляков-г1у
@КонстантинКругляков-г1у 5 ай бұрын
Cost that is bore by others who are not part of original production
@Sunny-vg7mj
@Sunny-vg7mj 7 ай бұрын
mark cuban
@KevinJin-rl9gm
@KevinJin-rl9gm Ай бұрын
what a goat
@davidclifford6125
@davidclifford6125 Жыл бұрын
I don't remember this when I took economics.
@MusicalInquisit
@MusicalInquisit Жыл бұрын
AP Micro changed their standards. This stuff is all stuff I have never seen. Then again, I only took macro, but still, this was something I’ve never seen when I read my textbook.
@deedubbleyew_
@deedubbleyew_ Жыл бұрын
Hello from Australia lol
@fierybl4de400
@fierybl4de400 Жыл бұрын
your from perth modern year 11
@febyfranzoropesa9474
@febyfranzoropesa9474 8 ай бұрын
You talk so fast. hahaha
@Dancegeek7
@Dancegeek7 8 ай бұрын
too fast
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